ENDLESS POSSIBILITIES ON THE ISLAND OF VENICE – With special zoning (ST2 zoning brochure available) IN THE HEART OF VENICE, this unique property presents UNLIMITED OPPORTUNITIES ranging from anyone simply looking to make the Island of Venice their home, to a business owner who wants to create a “LIVE HERE/WORK HERE” environment, or a BUSINESS IN NEED OF OFFICE/STOREFRONT/STUDIO SPACE WITH PARKING, PRIME EXPOSURE & TRAFFIC. Situated on 2 LOTS OVER 19, 000+ SQ FT, this BEAUTIFULLY UPDATED, SPRAWLING 3300+ SQ FT POOL HOME easily has 4+ BEDROOMS, 3 FULL BATHROOMS, 1 HALF BATH and is currently being used as a primary residence with both a MOTHER-IN-LAW SUITE and an INSURANCE BUSINESS OFFICE. Without much effort, this home could easily be converted into a 5-6 BEDROOM home for someone needing lots of bedrooms or perhaps an ASSISTED LIVING FACILITY. In the past, the portion of the home that faces Nokomis Avenue was ORIGINALLY BUILT & USED AS A DOCTOR’S OFFICE WITH A WAITING ROOM, BATHROOM, EXAM ROOMS AND PARKING LOT. Current owners have previously rented space to health care providers who needed a satellite office or just office space on a part-time basis. Upon entering this home, your eyes will be drawn to the CENTERPIECE OF THIS HOME, which is the SPARKLING POOL and its fabulous outdoor living space - a PRIVATE, FENCED-IN OASIS complete with tropical foliage, COCONUT & BANANA TREES. An OUTDOOR KITCHEN, WOOD-BURNING FIREPLACE & WOOD-FIRED PIZZA OVEN, OUTDOOR SHOWER, and even a DOGGY SHOWER – perfect for entertaining and LIVING THE FLORIDA LIFE IN STYLE! Equally vying for your attention, you’ll be captivated by the recently UPDATED GOURMET KITCHEN with an abundance of stunning white quartz countertops and an expansive island with seating for five. Timeless Shaker-style white cabinets accented with gold-tone handles and a light fixture add just the right touches to an already amazingly beautiful kitchen. A natural gas range, stainless appliances and under-cabinet lighting complete this kitchen. Three of the bedrooms and two of the bathrooms are located on the west side of the home down a long hall with separate access to the pool area. Additional living spaces include bonus rooms with a full bathroom that are currently being used as an extra bedroom with a family room and dry bar area. These rooms also overlook the beautiful outdoor pool space. A laundry room with built-in cabinetry and a sink makes doing laundry a pleasure! The east side of the home, formerly used as a medical office with exam rooms, now serves as another bedroom, craft room and large office with a half bath and a separate entrance on Nokomis Ave S. View the walk-through video tour and ask for a list of improvements including NEW ROOF (2023), NEW WINDOWS (2022) and much more! This property is so centrally located that ANYWHERE YOU WANT TO GO ON THE ISLAND OF VENICE IS UNDER 2. 5 MILES AWAY! Whether it’s to Venice’s quaint downtown shopping district, the Venice Jetties, the Venice Fishing Pier, Caspersen’s Beach, Venice Beach, the Venice Airport, Centennial Park, the Venice Art Center & Café, the Venice Community Center, Venice Public Library, shopping, boating, fishing, tennis, pickleball, dining al fresco, waterfront dining or just tooling around on your golf cart - everything is just a short walk, drive or bike ride away! Use your imagination as to your best use of this incredible property – DON’T LET THIS ONE SLIP AWAY – SCHEDULE A SHOWING TODAY!
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$1,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.201% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,264 | $8,374 | $11,476 |
Total Monthly Payment | $8,789 | $8,899 | $12,001 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.